The future of DeFi is on TikTok
The younger generation doesn’t have disposable income now, but they’re financially savvy thanks to short-form videos on social media In July 2021, TikTok hit three billion downloads. The social network boasts more than one billion active monthly users. And, in the United States, TikTok is now more popular with Generation Z than Instagram.Over the last six months, Bitcoin (BTC) has seen a drop of more than 70% from its all-time high north of $69,000 in 2021. Market volatility is to be expected. But, if decentralized finance (DeFi) is looking to have a future, it needs to be embraced by more....
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With TikTok facing the prospect of removal from the United States, users should realize that traditional tech companies are far less reliable than the decentralized web. People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game? The current regulatory debate around restricting TikTok in the U.S. provides a salient example of the risks....
The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed.
Crypto Scammers Defrauding Tiktok Users
The Better Business Bureau (BBB) warned of cryptocurrency scams on the popular video-hosting platform Tiktok Friday. Founded in 1912, the BBB is a private, nonprofit organization that empowered people to find businesses, brands, and charities....
Many of today’s young social media consumers are finding new music via TikTok. This week, the leading social media platform paired up with Audius, a streaming platform that is quickly becoming one of the largest decentralized consumer applications. TikTok’s Unlikely Match The pairing is especially interesting considering that around a month ago, TikTok took further […]
Social media platforms have had their foot on the gas lately, and now TikTok is digging in deeper. Earlier in the week, we took the first look at NFTs on Twitter. Now, a recent announcement from TikTok has shared that creator-curated NFTs are on their way, powered by Immutable X. The move is another huge […]
TikTok announced on Friday that it has halted live broadcasting and new material on its site while it considered the ramifications of a new fake news law signed by Russian President Vladimir Putin on Friday. TikTok stated that it was making this decision in reaction to Russia’s recently implemented media news law, which carries a […]